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Ferguson (LSE:FERG) Cyclically Adjusted Revenue per Share : £108.92 (As of Jan. 2024)


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What is Ferguson Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Ferguson's adjusted revenue per share for the three months ended in Jan. 2024 was £25.756. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is £108.92 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Ferguson's average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-15), Ferguson's current stock price is £173.15. Ferguson's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was £108.92. Ferguson's Cyclically Adjusted PS Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ferguson was 1.66. The lowest was 0.83. And the median was 1.23.


Ferguson Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ferguson's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ferguson Cyclically Adjusted Revenue per Share Chart

Ferguson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 73.89 100.66 105.42

Ferguson Quarterly Data
Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.54 106.54 105.42 113.73 108.92

Competitive Comparison of Ferguson's Cyclically Adjusted Revenue per Share

For the Industrial Distribution subindustry, Ferguson's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ferguson's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferguson's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ferguson's Cyclically Adjusted PS Ratio falls into.



Ferguson Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Ferguson's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=25.756/130.0000*130.0000
=25.756

Current CPI (Jan. 2024) = 130.0000.

Ferguson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200801 0.000 84.100 0.000
200807 0.000 86.600 0.000
200901 0.000 86.600 0.000
200907 0.000 88.000 0.000
201001 0.000 88.800 0.000
201007 0.000 90.000 0.000
201101 0.000 91.800 0.000
201107 0.000 93.500 0.000
201201 0.000 94.700 0.000
201207 0.000 95.700 0.000
201301 0.000 97.000 0.000
201307 0.000 98.000 0.000
201401 0.000 98.700 0.000
201407 0.000 99.600 0.000
201501 0.000 99.200 0.000
201507 0.000 100.000 0.000
201601 0.000 99.900 0.000
201607 0.000 100.900 0.000
201701 0.000 101.800 0.000
201707 0.000 103.500 0.000
201801 0.000 104.500 0.000
201807 0.000 105.900 0.000
201901 0.000 106.400 0.000
201907 0.000 108.000 0.000
202001 0.000 108.300 0.000
202007 0.000 109.200 0.000
202010 18.335 109.200 21.827
202101 16.084 109.300 19.130
202104 18.959 110.400 22.325
202107 21.292 111.400 24.847
202110 22.300 113.400 25.564
202201 21.713 114.600 24.631
202204 25.828 119.000 28.215
202207 31.094 121.200 33.352
202210 33.342 124.300 34.871
202301 26.834 124.800 27.952
202304 27.819 128.300 28.188
202307 29.655 129.000 29.885
202310 30.930 130.200 30.882
202401 25.756 130.000 25.756

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Ferguson  (LSE:FERG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ferguson's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=173.15/108.92
=1.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ferguson was 1.66. The lowest was 0.83. And the median was 1.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Ferguson Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Ferguson's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferguson (LSE:FERG) Business Description

Industry
Traded in Other Exchanges
Address
1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS
Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its U.K. business in 2021 and is now solely focused on the North American market.

Ferguson (LSE:FERG) Headlines